Language Settings
Select Website Language
newshunt
newshunt

RBI does not target any level for rupee, says governor

6 months ago

RBI Governor Sanjay Malhotra clarified the central bank does not aim for a specific rupee level. He noted recent depreciation is driven by market demand and trade expectations. Malhotra expressed confidence in a good trade deal and highlighted India's strong foreign exchange reserves. The RBI remains cautious on cryptocurrencies, focusing on its own digital rupee for payments.
Click here to Read More
Previous Article
'Why was false coup narrative not countered?'
Next Article
TCS taps $1bn from PE fund TPG to build AI data centres

Related Business Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment